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Social tenants reminded of their Right to Buy

Posted: 16th October 2014   In: Residential Conveyancing

The government has sent information to social housing tenants reminding them of the Right to Buy scheme.

The leaflets offer advice to tenants on how to exercise their Right to Buy and become first-time homeowners.

The scheme allows social tenants in London a maximum discount of up to £102,700. The maximum discount in other parts of England is £77,000.

More than 22,500 people have taken advantage of the scheme since it was relaunched under the current government. Now 900,000 households across the country have received letters and leaflets aimed at helping them decide whether it is right for them.

The leaflets included information about new levels of discounts available. There is also a Right to Buy agent service which was launched earlier this year. This enables tenants to receive personal advice throughout each step of the Right to Buy process.

Housing Minister Brandon Lewis said: “I’m committed to ensuring that eligible council and housing association tenants have up-to-date information about their Right to Buy.

“There might never be a better time for eligible council and housing association tenants to make this life-changing decision for them and their family.”

Please contact Eugene Pritchard if you would like more information about the legal aspects of buying or selling a home.

Posted by: Eugene Pritchard
Residential Conveyancing
Luton Office